FII Withdrawals Hit Large-Cap Stocks Hard

In a notable trend, foreign institutional investors (FIIs) have decreased their holdings in more than 100 large-cap stocks over the last two quarters, with 13 of these seeing declines of up to 40%. This sell-off raises questions about market dynamics, as some stocks have managed to thrive despite the FII pullback. The contrasting performance among these stocks underscores that FII movements don't necessarily dictate market outcomes.